CIT cannot substitute the possible view taken by the AO while exercising revisionary power u/s 263
ITAT AHMEDABAD
SAKET M. JAIN (HUF) VERSUS THE PR. COMMISSIONER OF INCOME TAX-2, AHMEDABAD.
ITA No. 579/AHD/2019
Short Overview of the case:
It was a case of Revision ...
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Posts tagged "Revision u/s 263"
Entire amount of sales cannot be taxed in the hands of the assessee as unexplained cash credit
Entire amount of sales cannot be taxed in the hands of the assessee as unexplained cash credit
ITAT AHMEDABAD
SAKET M. JAIN (HUF) VERSUS THE PR. COMMISSIONER OF INCOME TAX-2, AHMEDABAD.
ITA No. 579/AHD/2019
Short Overview of the case:
It was a case of ...
Read More